"if sweet catering had recorded trasnsaction using thr Accrual method, how much net income (loss) would they have recorded for the month of may? if there is a loss enter it with oarentheses or a megative sign. "

everything is right i only need help with the very last question that is in red. pls.sos.

Activity 1.5 - Identifying Differences between Cash and Acerual Basis Read each scenario, decide whether the company is using Cash basis or Accrual basis, and then enter your answer to the question. The Purple Tulip Law Firm prepays for advertising in the local newspaper. On January 1, the law firm paid $3,920 for six months of advertising. Purple Tulip Law Firm recorded $3,920 in the Prepaid Advertising account. If Purple Tulip Law Firm had recorded their expenses using the other method, how much advertising expense would they have recorded for the two months ending February 28 ? Enter this value as a positive number. Secure Home provides house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finished. Some customers ask that the business send them a bill, As of the end of the year, Secure Home has collected $1,200 from cash-paying customers. Secure Home's remaining customers owe the business $2,430. Secure Home recorded $1,200 of service revenue for the year. If Secure Home had recorded their service revehue using the other method, how much service fevenue would they have recorded for the year? Momentous Occasions received 53,590 for services to be performed for the next 8 months on March 31 and recorded this transaction using the Unearned Revenue account. If Momentous Occasions had recorded their service revenue using the other method, how much service revenue would they have recorded for the year? If Momentous Occasions had reconded their service revenue using the other method, how much service revenve would they have recorded for the year? Swete Catering completed the following relected transactions during May 2016 : - May 1: Prepaid rent for three months, $2,400 - May 5: Received and paid electricity bill, $240 - May 9: Received cash for meals served to customers, \$2,130 - May 14: paid cash for kitchen equipment 53,260 - May 23: Served a banquet on acceunt, $2,730 - May 31: Made the adjusting entry for fent (trom May 1). - May 31: Accrued salary expense, \$180 - May 31: Recorded depreciation for May on kstchen equipment, \$640 If Sweet Cotering had recorded transactions using the Cash meshod, how mucti net income foss) would they have recorded for the month af May? if there is a loss, enter it with parentheses or a negative sign. If Sweet Catering had recorided transactons using the Accrual reethod, bow much net income tloss) would they have recerded for the month of May? If there is a loss, enter it with partntheses ar a negative sign